Our daily blend of the latest news, trends and tips for the small business community.
What’s going ‘on’:
NSBW kicks off: Sunday marked the start of National Small Business Week, a three-day conference in Washington focusing on small business accomplishments, including disaster recovery, procurement and entrepreneurial success. On Monday, the Small Business Administration will formally recognize state and national small business award winners at a luncheon downtown.
U.S. contractors threatened by direct foreign aid: American contractors risk losing business under a plan to double the share of international aid awards given to overseas entrepreneurs and governments. The U.S. Agency for International Development awarded $2.12 billion of its foreign assistance budget to the overseas groups last fiscal year, compared with $1.94 billion a year earlier.
G-8 shifts away from austerity: The G-8 leaders opened the door this past weekend to more government spending in the euro region as way to revive the continent’s struggling economy, a stark change of pace from the austerity measures that have been widely supported in recent months. Specifically, the leaders he leaders present said they would promote investment in education and infrastructure.
Keep an eye ‘on’:
Employee driving habits coming back to bite firms: Lawsuits stemming from automobile accidents caused by distracted driving (texting, phone calls) have become all too common, and now the lawyers who bring them are increasingly targeting the wealthy companies who employed the drivers, reports Ashley Halsey III.
Helpful advice ‘on’:
How your firm can use social media tagging (OSB)
How clustering can boost business (Entrepreneur)
How to find afforable market research (Open Forum)
How bosses can plan for retirement (Fox Business)